Starting with a fully invested A-share portfolio to become a capital...

Chapter 214 The Weekly Rally of Speculative Stocks: The "Liu, Guan, and Zhang Gang" Profits Over 4 Million.

In extreme market downturns, the first to react are not individual investors, but rather the margin trading managers of various off-exchange margin trading companies.

One customer call after another came in, and margin deposits after margin were deposited into the bank accounts of off-exchange margin trading companies, allowing these "private leverage institutions" that operated in the gray area of ​​the law to make a fortune.

Fortunately, the A-share market rose for three consecutive days, giving many leveraged investors a profit cushion. Otherwise, a 200-point drop would have been enough to wipe out the vast majority of leveraged investors.

The stock market crash in A-shares finally broke Shen Jun, the CEO of Eastmoney. He summoned brand manager Qi Xiaoling and couldn't help but berate her: "What are you doing in the brand department? Have you even done any background checks?"

"Besides raising cattle and generating traffic, what other uses does Li Daxiao have? Who made the decision to have him as a spokesperson?"

Qi Xiaoling didn't dare to say anything, after all, it was Shen Jun who made the decision in the first place.

The fact that they're so angry right now is most likely because they're looking for a scapegoat.

After all, Eastmoney is not a one-man show by Shen Jun. In 2007, Shenzhen Binghe and Haitong Kaiyuan collectively invested over 3 million yuan. Furthermore, two venture capital institutions, Shanghai Rongke and Shanghai Baozun, signed a "betting agreement" with Shen Jun, demanding that Eastmoney go public within three years or pay a penalty of 10 times the amount.

In addition, Shen Jun needs to provide a reasonable explanation for the investments made by Xiong Xiangdong and Xu Hao, two members of the Shanghai-based family, as well as the recent investment from Alibaba Capital.

"Ding-ding-ding-ding-"

Just then, the office landline rang.

Shen Jun's heart skipped a beat. He knew someone would come demanding an explanation. Since things had come to this point, he could only let Qi Xiaoling take the blame.

“The responsibility for hiring Li Daxiao as a spokesperson must be investigated and the individual must be held accountable. Go back and compile the report immediately.”

The subtext of his words was clear: if Qi Xiaoling didn't want to take responsibility, then she should find someone else to take responsibility; if she couldn't find anyone, then Qi Xiaoling would have to bear the responsibility.

Regardless of who ultimately bears the responsibility, it cannot be Shen Jun who should bear it.

"Yes, President Shen." Qi Xiaoling instantly understood, her eyes becoming complicated. She had to make one of her department's employees take the blame, even if it meant being fired.

But there's nothing we can do; after all, Shen Jun is the founder of Eastmoney.
Shen Jun also faces difficulties. If it were 2007, he could have made a mistake and corrected it. However, with the intervention of various types of capital, his shareholding ratio has dropped to 37.38%. If other insurance funds join forces, Eastmoney may really have to change its leadership.

"Go back. I want to see the person in charge before the market closes this afternoon."

"receive."

After Qi Xiaoling left the office, Shen Juncai leisurely picked up the receiver and took the initiative to say, "Hello."

"Mr. Shen, this is Jia Rui. Is Li Daxiao really a good candidate to be the website's spokesperson? He hasn't been right in his predictions lately."

Faced with the questioning, Shen Jun, being a seasoned veteran, quickly absolved himself of responsibility, saying, "Oh, Jia Rui, here's the thing: our brand department signed Li Daxiao because we were interested in his popularity. Even negative publicity is still publicity. I'll discuss it with the brand department later to see if we should change the spokesperson."

“Then you guys should do some research. We can’t just focus on traffic and risk damaging the website’s brand reputation,” Jia Rui couldn’t help but remind him.

Several venture capital funds are currently working on Eastmoney.com, and if all goes well, it could be listed on the stock exchange by the end of the year.

At this crucial juncture, he didn't want any mistakes to happen.

"Okay, I'll talk to them personally and try to give you an answer this afternoon."

"Then you guys go ahead with your work."

"Okay, I'll hang up now."

"Talk to you later."

"Talk to you later."

The phone call had just ended, and before Shen Jun could even catch his breath, his phone, which was in his pocket, suddenly rang again. He took it out and checked the contact name, and sure enough, it was another inquiry call from venture capital firms.

Seeing the A-share market still declining, Shen Jun regretted signing Li Daxiao. This guy only knew how to be bullish and raise stocks, and had no judgment about the market at all.

"This has really caused a problem!"

Just as Shen Jun was regretting his actions, Li Daxiao, who was far away at Yingda Securities, sneezed loudly. Before he could even take out the tissues from the box, there was a knock on the door.

"咚咚-"

Li Daxiao looked up and saw Yu Chengyun, the vice president of Yingda Securities.

The other party was a middle-aged man in his early thirties, wearing gold-rimmed glasses, with fair skin, and his thick hair was meticulously styled. His high-end suit fit him perfectly, making him a true financial elite.

To rise to the position of vice president of Yingda Securities in one's early thirties is not a feat that can be achieved through ability alone, but rather requires family connections to pull strings.

"Is Teacher Da Xiao busy?" Yu Chengyun asked from the doorway.

Upon seeing that it was Yu Chengyun, Li Daxiao quickly stood up, wanting to give up his seat, and said, "No rush, no rush, Mr. Yu, is there something you need?"

"There's something I need to tell you." Yu Chengyun didn't make any absolute statements, but left room for interpretation, saying, "We just had a meeting with senior management, and they think you need to continue training."

"What does President Yu mean?"

Li Daxiao's heart tightened, and the smile on his face froze.

"We plan to have Li Chao temporarily fill the position of chief analyst," Yu Chengyun stated frankly.

"..."

Li Daxiao was silent at first, but soon he defended himself, saying, "President Yu, listen to me. The A-share market has already experienced a panic sell-off, and the second major upward wave will arrive soon. You have to trust my judgment."

"Harmful!"

Yu Chengyun sighed, somewhat embarrassed: "I am certainly willing to believe you, Teacher Daxiao, but the other senior executives in the company do not. From 3478 points to the current 2800 points, a drop of about 700 points, the company's reputation has become divided. I hope you can understand."

"Mr. Yu, the bottom will be reached by this week at the latest. I have formal training and know the tricks the US uses to harvest global assets. Trust me, the top leadership will never allow foreign capital to buy up our high-quality assets at rock-bottom prices. With Mr. Yu's awesomeness, our China..."

"Alright, alright."

Before Li Daxiao could finish speaking, Yu Chengyun waved his hand, interrupting him, saying, "You should move to the open-plan office area to get some experience first. In a month or two, we senior management will discuss it further."

The nearly 6% drop has caused Li Daxiao to lose trust.

Of course, there is another important reason, which is that Li Daxiao took on a side job and signed a "brand endorsement" contract with Eastmoney.

As the chief analyst of Yingda Securities, Li Daxiao is essentially endorsing the image of financial websites. If his predictions are correct, it's not a big deal, and Yingda Securities can even benefit from it.

However, his predictions have been frequently wrong, leading many investors to question whether Li Daxiao is only bullish. This has also affected Yingda Securities, forcing the senior management of Yingda Securities to consider removing Li Daxiao from his position as chief analyst.

……

The renewed plunge in A-shares has prompted a gradual "market cleansing."

China Asset Management Co., Ltd., Shanghai Branch.

Open-plan office area.

With his hair slicked back, looking energetic, and wearing crocodile leather shoes, Tao Yuang was in high spirits.

The company was notified of the illegal purchases and was also penalized by the China Securities Regulatory Commission.

What does it matter?

He has achieved his goal!
As of 10:03 AM, Haitong Foods' stock price was 8.21 yuan, while the "Huaxia Healthcare Value Mixed Fund A" he manages holds 3295 million shares, with an average holding price of 4.19 yuan.

It is precisely because Haitong Foods hedged against the decline that the "Huaxia Healthcare Value Mixed Fund A" is currently the healthcare-type fund with the smallest decline among off-exchange funds.

China Asset Management is very pragmatic; to be precise, the workplace is very pragmatic.

When Tao Yuang demonstrated his investment potential, Lin Weiguo not only helped him secure exposure resources for the fund, but also promised to maintain the returns for a month and arranged a private office for him.

Moreover, even Wang Yawei, the top fund manager at China Asset Management, came to him for advice on why he was willing to violate regulations to buy Haitong Foods shares.

Will Tao Yuang speak?

He won't say.

However, rumors have already begun circulating within Huaxia Fund that Tao Yuang knows "Fuchun Road" and that the two are working together to set up a trap for retail investors.

"Buzz-"

The sudden vibration interrupted Tao Yuang's thoughts from analyzing the stock market. He casually picked up his phone from the table to check...

[Ou Guiyan]: The stock market crashed, and the healthcare sector experienced a deep correction. Other funds saw declines of over 3%, but your "Huaxia Healthcare Value Mixed Fund A" only dropped by 0.53%, which is really good. I'll reward you at our usual place tonight.

Looking at the message, Tao Yuang did not compromise any further and typed a firm reply: "Sorry, Mr. Ou, I've been a bit busy lately."

"call out--"

Upon receiving the message, Tao Yuang felt a great sense of relief.

Because of the bottom-ranking returns, he was tormented by Ou Guiyan to the point of almost becoming depressed during this period, but fortunately he finally got through it.

He wasn't worried about being fired because he felt he had value.

"Buzz-"

Another message arrived.

[Ou Guiyan]: What do you mean?
[Tao Yuang]: I'm tired.

[Ou Guiyan]: So you're kicking someone after they've crossed the river? Don't think I can't deal with you just because your fund is doing a little better. If I don't see you tonight, you'll regret it.

Tao Yuang ignored the harsh words sent by the other party.

He knew very well that if he went to the hotel with Ou Guiyan again, he might really die there.

why would you say so?

While others use low-temperature wax for wax dripping, she used room-temperature wax, resulting in a dripping temperature of at least 60 degrees Celsius, which left several permanent marks on Tao Yuang's back.

When Tao Yuang firmly rejected Ou Guiyan, Qi Zhenbang, a fund manager at China Asset Management, felt extremely uncomfortable watching the market crash.

He could have significantly hedged against the decline by leveraging Haitong Foods, but the manipulation by Tao Yuang and Zhang Yang meant that even the eight major institutional fund managers couldn't avoid the fall.

This huge drawdown also cost them many major clients, and their idea of ​​transforming into a private equity firm has been postponed indefinitely.

Thinking of this, he couldn't help but look towards Tao Yuang's workstation, gritting his teeth and saying, "Fuck you, Tao Yuang, don't let me catch you doing anything wrong, otherwise, I'll definitely make you pay dearly."

Not only Qi Zhenbang, but also the fund managers of the other seven institutions, including Su Jing who was "dismissed," have all harbored resentment towards Tao Yuang.

In their view, if Tao Yuang hadn't interfered and disrupted Haitong Foods' equity ecosystem, they would have already blown up the leveraged "Fuchun Road".

Once the price really surges, a massive amount of shares will be dumped, which will not only help avoid this round of market decline, but also provide an opportunity to attract clients and instill in them the idea of ​​transforming into a private equity firm.

But Tao Yuang's sudden intervention ruined everything.

……

As time went on, at 1:30 p.m., the turning point in the afternoon, the "national funds" that had been silent all morning finally made a move.

[Stock Anomaly Alert]: Huaguo Bank saw a super buy order, amounting to 500 million.

[Stock Anomaly Alert]: A super buy order of 700 million yuan appeared for China Construction Bank.

[Stock Anomaly Alert]: Agricultural Bank of China saw a super buy order, amounting to 600 million.

[Stock Anomaly Alert]: A super buy order of 900 million yuan appeared for ICBC.

The intervention of state funds caused the index, which was about to break through 2800 points, to start rising. Some speculative funds in the market saw this and immediately chose to follow suit, hoping to profit from tomorrow's premium.

However, to everyone's surprise, the government funds only provided temporary support before running out of steam, and the index was kept at 2888 points, just shy of reaching 2900 points.

[Big Brother's Name is Xiao Fang]: What's going on with the national team? Is this still the national team I know? The rally has absolutely no strength!

[Pushing your poop requires effort]: Aren't they going to bail out the market? Shouldn't it at least pull it back to 3000 points?

[Just Ordinary]: This is the national team's old trick of only supporting without lifting anything. Everyone should be prepared to trade below 3000 points for the long term.

[Dripping Rain]: You can tell at a glance that I'm a veteran stock trader. I've already cleared out my positions and will never trade below 3000 points.

With limited upward momentum, some cautious funds withdrew from the stock market, leading to a new round of decline in the index.

2882 points.

2873 points.

2861 points.

The index's further decline exacerbated panic, putting the entire market in a state similar to that of a pressure cooker.

Seeing that the time was ripe, Xu Xiang, who was far away at Zexi Private Equity, immediately raised his voice and said: "Don't cancel the orders, open the board to lure in more buyers, and then do a final clean-up."

"Roger that!"

"understand!"

Sun Guodong, Ma Xinqi, Shu Yimin, and other Ningbo speculative investors began directing their trading teams to conduct transactions.

[Stock Anomaly Alert]: Rainbow Co., Ltd. has received a super buy order, amounting to 3400 million.

[Stock Anomaly Alert]: Rainbow Co., Ltd. has received a super buy order, amounting to 4900 million.

[Stock Anomaly Alert]: Rainbow Co., Ltd. has received a super buy order, amounting to 6600 million.

The mountain of shares was quickly snapped up, and Rainbow Co., Ltd., which was originally locked at the daily limit down price of 4.93 yuan, also rose with the intervention of funds.

5.07 yuan.

5.19 yuan.

5.33 yuan.

Seeing that funds were driving up the price and the momentum was strong, some of the funds that were waiting on the sidelines quickly chose to follow suit, while the other part of the trapped funds and the profitable funds chased the price and added to their positions.

But what these retail investors didn't expect was that when the stock price crossed the 5.48 yuan level and reached 5.6 yuan, a massive amount of shares were dumped again, and the sharp drop in prices happened once more.

[Stock Anomaly Alert]: Rainbow Co., Ltd. has seen a super sell order, amounting to 1000 million.

5.19 yuan.

After a sudden and sharp drop, the amount of sell orders decreases by half, and the stock price changes from a rapid decline to a gradual decline. This trend is the easiest for retail investors to cut their losses and engage in reverse T+0 trading.

[Stock Anomaly Alert]: Rainbow Co., Ltd. has seen a super sell order, amounting to 400 million.

5.11 yuan.

[Stock Anomaly Alert]: Rainbow Co., Ltd. has seen a super sell order, amounting to 260 million.

5.02
[Stock Fluctuation Alert]: Rainbow Co., Ltd. has experienced a massive sell order of 260 million yuan. Price: 4.93 yuan.

After a slow decline of about ten minutes, Rainbow Shares' stock price hit the daily limit down again, staging a "head-smashing" market. Retail investors immediately thought of a certain speculative investor and began to curse.

[Wild Bin Ge]: Fuchun Road, it must be that bastard on Fuchun Road who smashed the records, I'll fuck your mother's Fuchun Road DJ!!
[Little Ape Doesn't Eat]: As expected of the smallest-scale speculative investor in history, dumping it as soon as it crossed the waterline, pure bastard, damn it!

[Loves Chocolat]: After Xu Xiang left, this stock became worthless. Moreover, there's that beast Fuchun Road stock dumping shares, so other funds definitely won't dare to push it up. If nothing unexpected happens, it will consolidate for at least a year and a half.

[The monk uses Pantene to wash his hair]: Does anyone know anything about Fuchun Road? My buddy's a gangster, and I want to beat him up.

During the gradual decline, a large number of shares were ruthlessly bought up by Xu Xiang, Sun Guodong, Ma Xinqi and others.

As time ticked by and the market was about to close at 3 PM, Xu Xiang, whose eyes were cold and deep voice, said with a look of having accumulated enough shares: "Steal the last few minutes of trading, push it to the daily limit, and continue the upward trend."

"Price surge to the daily limit!"

"Go all out and get going!"

"Keep the upward trend going, keep it going!"

Sun Guodong, Ma Xinqi, Shu Yimin and others were directing their teams, and dozens of traders did not hesitate to quickly tap their keyboards and mice to drive up the stock price.

5.23 yuan.

5.69 yuan.

5.88 yuan.

In an instant.

Rainbow Co., Ltd. experienced a "pillar-like" stock price surge.

In the face of absolute capital, no technical indicators are useful. In just a short while, Rainbow Co., Ltd. had already reached the daily limit price of 6.03 yuan, leaving most retail investors anxious and helpless.

……

As 3 p.m. approached, the two major A-share indices quietly closed.

Perhaps to make the market look better, both the Shanghai Composite Index and the Shenzhen Component Index experienced a "last-minute surge," with the Shanghai Composite Index even returning to 2900 points, but still down 2.59%, and trading volume reaching 1809 billion yuan, an increase of more than 400 billion yuan.

Liao Guopei, watching the national team steal the last bit of the betting odds, couldn't help but exclaim, "Xu Xiang stealing the last bit of the betting odds is one thing, but the national team is doing it too?"

"It's easier to push the price up at the end of the trading day."

Zhang Yang smiled faintly.

Whether it's the end of the morning or afternoon trading session, the difficulty of raising or lowering prices will be greatly reduced. It's possible to achieve the effect of 500 million at other times with only 3000 million.

Why is this happening?

Is it due to a lack of funds from the opposing side?
Part of the reason is psychological, but the fundamental reason is psychological game.

The closing bell signifies the market is about to close, and a market closure can bring either positive or negative news.

If a fund tries to buy at the end of the trading day, other funds will have to consider whether this fund is insider trading.

In short, the risks of trading at the end of the trading day are high. Nobody knows if the funds that are pushing up or dumping the stock have inside information, so the opposing side will generally not stop them.

"A 10% surge, 1200 million in hand?" Lin Guangchang asked Zhang Yang.

“I bought 22 lots at 5.48 yuan, and the current stock price is 6.02 yuan. That’s a profit of 0.54 yuan per share, which is about 1188 million yuan,” Zhang Yang quickly calculated and replied.

"Does that count as Haitong Foods?"

Liao Guopei was somewhat expectant.

Now that their capital has increased, they are making money faster and faster.

"Let me see."

Zhang Yang opened the document.

Before selling the stocks today, the "Liu Guan Zhang gang" held a total of 8090.6 million shares of Haitong Foods, with 3344 million yuan in remaining available funds.

After selling 290.6 million shares and purchasing them at 7.37 yuan, the available funds amounted to 5485.722 million yuan, resulting in a profit of 244.104 million yuan.

There are still 7800 million shares that have not been moved. The average holding price of these shares is 4.46 yuan. Based on 8.21 yuan, the profit per share is 3.75 yuan, and the profit is 2.925 million yuan.

After briefly reviewing the documents and making some calculations, Zhang Yang responded, "Haitong Foods has made nearly 3 million in profit, but that's still far from enough. This time, we must break 10 billion before we move on."

Upon hearing the number 10 billion, Liao Guopei couldn't help but exclaim, "10 billion Chinese Yuan, I never dared to dream of that much when I was a child."

"Me too."

Lin Guangchang nodded in agreement.

Because his family wasn't wealthy, only considered middle-class, he dreamed of earning tens of millions when he was young, then marrying a wife, having several children, and living a happy and fulfilling life.

But with the entry into the stock market, my childhood dream has been more than realized, and now 10 billion Chinese yuan is within reach.

However, for Zhang Yang, who was standing to the side, 10 billion was not the end, but the beginning!

Whether it's stock trading, developing real businesses, establishing cryptocurrency exchanges, or building quantitative trading teams, he needs a lot of money.

Fortunately, every time Haitong Foods and Rainbow Shares rise by one limit up, it brings huge profits to the "Liu Guan Zhang gang". As long as the consecutive limit ups reach a certain height, they can exceed their target.

……

Wednesday, May 8rd.

Rainbow Co., Ltd. has resumed its consecutive limit-up streak, currently at two consecutive limit-up days, with the current price at 6.62 yuan.

Zhang Yang, Liao Guopei, and Lin Guangchang's 22 shares yielded a profit of 1.14 yuan per share, accumulating a total profit of 2508 million yuan.

Haitong Foods also hit the daily limit, currently trading at 9.03 yuan. Based on an average holding price of 4.46 yuan, the profit per share is 4.57 yuan, and the total profit for 7800 million shares is 3.5646 million yuan.

Despite the significant drop in A-shares, both major indices rose. The Shanghai Composite Index closed at 2967.6, up 1.78%, with a trading volume of 1437 billion yuan. The Shenzhen Component Index closed at 11995.03, up 2.63%, with a trading volume of 788 billion yuan. The combined trading volume of the two markets was only 2225 billion yuan, indicating a further contraction in trading volume.

next day!

Thursday, April 8th.

Rainbow Co., Ltd. continued its upward trend, marking its third consecutive limit-up day in the second wave, and is currently trading at 7.28 yuan.

Zhang Yang, Liao Guopei, and Lin Guangchang's 22 shares yielded a profit of 1.8 yuan per share, accumulating a total profit of 3960 million yuan.

As for Haitong Foods, which is highly controlled by the "Liu Guan Zhang gang", it hit the 9.93 yuan limit-up price in the pre-market auction, but then fell sharply at the opening, ending its ten-day winning streak.

The reason for the stock price crash is quite simple: mainly due to increased profit-taking, greater divergence within the stock, and the lack of intervention from Zhang Yang, Liao Guopei, and Lin Guangchang.

Why not regulate it?

Because I want to keep going up!

Haitong Foods' ten consecutive daily limit-up moves have brought its value back to its true worth.

If the price continues to rise at this point, new funds won't come in, and those who have taken profits will be waiting to sell, making it easy for them to fail to unload their shares.

The final solution is to let the profit-takers exit on their own, and then introduce new, hesitant funds to turn them into profit-takers.

It's like many hands make light work; only when people keep adding fuel can the flame grow stronger and stronger.

At the close of trading, Haitong Foods fell 3% to 8.76 yuan. Based on the average holding price of 4.46 yuan, the profit per share dropped to 4.3 yuan, and the total profit for 7800 million shares was 3.354 million yuan.

Both major indices rebounded after hitting bottom that day, then rose and fell back again. The Shanghai Composite Index closed at 2946.4 points, down 0.71%, with a trading volume of 1452 billion yuan, while the Shenzhen Component Index closed at 11897.74 points, down 0.84%, with a trading volume of 796 billion yuan.

Friday, January 8th.

With only two trading days left in August, A-shares not only failed to recover, but also experienced an accelerated downward trend.

The Shanghai Composite Index closed at 2860 points, down 2.91%, with a trading volume of 1332 billion yuan, marking another day of declining volume.

The Shenzhen Component Index also fell on lower volume, with a turnover of 680 billion yuan and a drop of 3.78%, closing at 11450 points.

The combined trading volume of the two stock exchanges barely exceeded 2000 billion yuan, which already illustrates one point: retail investors still believe that the index can recover.

So the question is, can the Shanghai Composite Index really return to 3478 points?
you can!

But it will take a long time!

Because retail investors don't sell at a loss, the major players can only trade back and forth, resulting in a sideways trend or a volatile market with continuous rises and falls.

No matter how much the market fluctuated, Zhang Yang, Liao Guopei, and Lin Guangchang, who were manipulating the stock, were not affected, and Haitong Foods hit its first limit-up after the decline.

At the close of trading at 3 p.m., Haitong Foods was trading at 9.64 yuan. Based on the average holding price of 4.46 yuan, the profit per share rose to 5.18 yuan, and the total profit for 7800 million shares was 4.04 million yuan.

Rainbow Co., Ltd., controlled by Xu Xiang, also hit the daily limit, closing at 8.01 yuan. Zhang Yang, Liao Guopei and Lin Guangchang's 22 shares yielded a profit of 2.53 yuan per share, accumulating a profit of 5566 million yuan.

The speculative frenzy of these stocks, ignoring market fluctuations, has made many retail investors envious.

[Big Head Big Head]: I should have known better than value investing. Why buy banks, oil, or coal? It's all the same as buying junk stocks manipulated by speculative funds and institutions.

[Xiao Feifei]: Garbage stocks? If you really look into the A-share market, what good stocks are there? For us retail investors, a stock that can rise is a good stock. I envy the shareholders of Haitong Food, Rainbow Shares, Laibao Hi-Tech, ST Dongjing, and Innovation Medical.

[Superman Can't Fly]: Don't be envious. Even if you buy it, you won't be able to hold onto it. I bought Haitong Foods for around 6 yuan, and who would have thought it could rise to 9.64 yuan? I estimate it will break 10 yuan next Monday.

[Fate is hard to defy]: Value investing is really not an option in the A-share market. It's best to follow the crowd and stick together with the funds. That way, even if there are market fluctuations, they won't affect us.

This extreme market situation has not only sparked heated discussions among retail investors, but also prompted commentary from major media outlets, including the Securities Times.

The Securities Times published a headline article titled "A Week of Speculative Stocks? Whose Feast is This?"

When "Month of Speculative Stocks" becomes a buzzword in the capital market, and when a stock lacking performance support hits the daily limit for several consecutive days and its price doubles in a short period of time, the red numbers jumping on the screen seem to be a nationwide carnival, but in reality, it is a carefully packaged "wealth harvesting game".

The protagonists of this feast are never ordinary investors, but manipulators who have the advantage of funds and information. All that is left are retail investors who are fleeced and the market order that has been disrupted.

To end this game, regulators need to adopt a "zero-tolerance" attitude, strengthen monitoring of abnormal transactions, and severely crack down on speculative manipulation and insider trading, making speculators pay the price. More importantly, ordinary investors need to clearly understand that there are no free lunches in the capital market; those surges not based on value will ultimately end in a crash.
The critical article immediately made headlines across major financial news outlets the moment it was published.

It's worth noting that the Securities Times is a financial media outlet known for its "public opinion supervision."

In 2001, it made a name for itself by exposing the "financial fraud of Lantian Shares", which triggered a strong intervention and investigation by regulatory authorities, pioneering the use of financial media for public opinion supervision.

It was during this period that the Securities Times officially became the designated information disclosure media of the China Securities Regulatory Commission, and together with the China Securities Journal and the Shanghai Securities News, it was known as one of the "Three Major Securities Newspapers", further consolidating its authority.

The Securities Times' naming of "Month of Speculative Stocks" carries a strong warning, but it's unclear whether it's officially authorized or produced by the media itself.

Zhang Yang is a cautious person. The moment he saw the article "Demon Stock Week? Whose Carnival Feast?", he vaguely sensed that the iron fist of the authorities might arrive at any time.

"It's time to clear out the inventory next week."

He spoke.

Liao Guopei also saw the news and nodded in agreement, saying, "This week has indeed been a bit too crazy, with speculative funds and institutions all banding together to drive up speculative stocks."

How many consecutive limit-up days is it now?

Lin Guangchang inquired.

"All things considered, it's about ten consecutive limit-up days, since one of them crashed. Next week, it'll be an eleventh consecutive limit-up day," Zhang Yang replied.

"That's okay."

Lin Guangchang nodded slightly.

He had barely finished speaking when he asked, "Should we go straight to 924, or delay it?"

"Slow down." Zhang Yang responded while explaining, "We originally planned to take advantage of the 13 consecutive limit-up days and then sell off on the 924 rally, but now that the Securities Times has publicly commented on it, we need to keep a low profile and try to sell off our holdings while pushing the price to the limit up."

"Joker's success is not without reason. He retreats as soon as he senses a problem. I feel that a few typical cases will be caught next week."

Liao Guopei joked.

Since it wasn't issued by the China Securities Regulatory Commission (CSRC), he was certain that speculative funds or institutions would defy the trend. After all, the "demon stock week" concept had been painstakingly built up, and many retail investors were willing to follow it. With each rise bringing in tens of millions or even hundreds of millions of yuan, who would be willing to give it up so easily?

However, it is precisely at times like these that one should retreat gracefully and avoid becoming a target.

Others might not know, but Zhang Yang knew very well that Xu Xiang was sent to prison for further study because he was too arrogant.

"Knowing when to retreat is the wise thing to do. Pulling up and dumping at the same time is about the same as our expected returns," Lin Guangchang said with a smile.

"Have we reached 10 billion in funds yet?" Liao Guopei asked Zhang Yang.

Lin Guangchang also looked at Zhang Yang curiously; they were eager to get over this hurdle.

"Let me see."

Zhang Yang opened the document, and while looking at the text, he began to calculate: "Haitong Foods closed at 9.64 yuan, with 7800 million shares, totaling 7.5192 million yuan; Rainbow Shares had 2200 million shares, currently priced at 8.01 yuan, which is worth 1.7622 million yuan. We still have 4966 million yuan in available funds, for a total of 9.778 million yuan."

Their original available funds were 5485.722 yuan, but the ignition and price surge used up nearly 500 million yuan of Chinese currency.

As for why the stock price didn't change, it's because Zhang Yang adopted the "SB strategy," which involved buying up shares at a high price and then dumping them back into the market to ensure stock liquidity.

"That means we were just one board away from reaching 10 billion!"

Lin Guangchang was somewhat excited.

Liao Guopei, feigning seriousness, calmly said, "10 billion? That's interesting."

"Stop pretending, 10 billion next week, I feel we can compound our interest to 20 billion Chinese yuan this year, making history in the securities industry!"

As soon as Lin Guangchang finished speaking, Liao Guopei couldn't hold back any longer and burst into laughter, saying, "Maybe we're just trading geniuses, hahaha!!"

"Shall we go out for a celebration dinner tonight?"

Lin Guangchang shouts his wares.

"Okay." Liao Guopei agreed without hesitation.

Zhang Yang hesitated for a moment, but still said without spoiling the mood, "Okay, let's celebrate breaking 10 billion in advance."

While the "Liu, Guan, and Zhang gang" were celebrating their 10 billion yuan fortune ahead of schedule, Xu Xiang, Zhang Jianping, and Qiu Baoyu, who were far away at Zexi Private Equity, a villa in the suburbs of Lin'an, and an office building in the city center of Fuzhou, made different choices after reading the article "Demon Stock Week? Whose Carnival Feast?"

It wasn't just them; speculative funds, public funds, and private equity firms that had been collectively manipulating the "demon stock week" in China also had differing opinions.

Some people believe that since the Securities Times is not an official media outlet, it doesn't matter.

Some believe that although the Securities Times is not an official media outlet, it has a role in public opinion supervision and may lead to the China Securities Regulatory Commission (CSRC) cracking down on the funds involved in the "demon stock week".

Some people believe that the article "A Week of Speculative Stocks? Whose Feast is This?" is a test and warning from the China Securities Regulatory Commission (CSRC).
(End of this chapter)